FAQ about Provident Fund.

? What is a Provident Fund ? ? Who administers the Scheme / Fund ? ? How many Trustees can a Trust have ? ? What is the current statutory rate of Provident Fund contribution ? ? Can an employer contribute more than the statutory rate of contribution ? ? Can an employee contribute more than the stipulated rate voluntarily? If yes, what is the stipulation for the same? ? Can the member change the rate of voluntary contribution ? ? Where can PF trusts invest the funds in their account ? ? What is the interest allowed on PF contributions ? ? Can a Trust credit interest less than the statutory rate of interest stipulated by the PF Authorities ? ? Can an employee transfer his PF accumulations from another Trust / RPFC to his/ her present Employer's Trust ? ? Can an employee withdraw the contributions made towards the Employees' Pension Scheme, 1995 ? ? Can an employee get to know the balance standing to his credit in his PF account ? ? For the purpose of membership to PF, is previous service with ex-employer counted ? ? Can voluntary contribution alone be withdrawn ? ? Is settlement from the Trust immediate in case of resignations ? ? Is there any tax deduction at the time of settling the PF accumulations from the Trust ?